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Name:
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Barneget
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Subject:
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Further help for you Jellyfish
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Date:
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9/19/2010 10:49:51 PM
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Thats a HOOT !!! Your post informed me that according to the SBA definitions, my family owned and operated biz, assisted by 20 +/- folks, is not small. Gimme a second to shift my vision from providing the basics (food, roof, health care) and some limited luxuries for mine (cable, cell phones, personal vehicles, assistance with college tuitions, a lake house). This is REALLY EXCITING !!! Now, as owner of a BIG BUSINESS..... what should I change? What could I change? Let me list what I can change while realistically anticipating a 20% increase in health care premiums, a 10% increase in Fed Tax rates, a 1% tax on ALL banking transactions (biz and personal), $13,000 annual additional accounting expense for the new 1099 requirements, unemployment payroll taxes climbing by 2% to cover the state fund deficit, $25000 X 14 pumps to comply with new ADA regs published Thursday (this after spending $98k in May to make sure my pinpads were compliant with the new credit rules), pending Cap and Tax legislation, House hearings on how to steal my personal tax deferred funds accumulated for retirement, and a 3.8% RE transaction tax. List -- Dining out less frequently, if at all Letting some PM's slip on the houses Take a higher deductible on BC/BS Do away with HD and premium channels Limit minutes on cell plans Run personal fleet substantially longer (our average is now 5 years and 92,000 miles vs 3 years, 45,000 in 2007) Youngest headed to a state college, hopefully on scholarship Sold the boat and jet skis, trying to rent the house
Straight up, I can't, nor can my competition, directly absorb much of those expenses. The uncertainty comes in trying to determine how much my/our customers can or will absorb.
However they define me, small or big, with every passing moment, I despise these collectivist BazTards, and their moon howling lemming parasite followers, even more. GTFO -- coming 2012
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